Crypto
Chainlink Bulls Eyeing $100 Target Amid Crucial Price Breakout
Chainlink (LINK) has been on an upward trend after hovering between $8.1 and $8.5 for most of the month.
The token's price has increased by 4% in the last 24 hours, reaching $8.75 and bringing its monthly gains to around 10%.
Traders are waiting for a breakout to confirm the developing bullish structure.
CryptoPatel's analysis suggests that LINK is nearing a major move and could reach targets as high as $100, but this will depend on the asset clearing a crucial level of $10.87 or invalidating the setup with a close below $4.761.